# 157 W 3rd Street, Winona, MN 55987

> **TL;DR:** commercial, $4,800,000, built 1890. Est. $20,800/mo. Listed 60 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,800,000 |
| Year Built | 1890 |
| Lot Size | 33,585 sqft (0.77 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 60 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $20,800 |
| **Total** | **$20,800** |

## Property Highlights

- Built in 1890
- 0.77 acre lot

## Description

### Agent Description
Discover this rare opportunity to own the historic Kensington, a premier investment property in the heart of downtown Winona. This vibrant 55+ community pairs a dynamic residential atmosphere with a thriving commercial clientele. Steps away from dining, shopping and entertainment, this well-established property boasts modern amenities, a vibrant social scene, and a loyal resident base. As retirement grows at a record pace, this is a prime moment to invest. The property is meticulously maintained and fully rented. There is also an option to acquire an additional parcel, a large commercial lot with garages and parking offering further development potential. Contact us today to learn more about this exceptional turnkey investment!

## Location

- **Address:** 157 W 3rd Street, Winona, MN 55987
- **County:** Winona
- **Coordinates:** 44.052961, -91.639689
- **Google Maps:** https://www.google.com/maps?q=44.052961,-91.639689

## Listing Agent

- **Name:** Cherie Burke
- **Brokerage:** Keller Williams Premier Realty
- **Phone:** 5074507867
- **Email:** cherieburke@kw.com

## Primary Photo

![157 W 3rd Street - Primary Photo](http://lh.rdcpix.com/97ccca90d81337880d34e077a3393cb5l-f1965119883r.jpg)

*24 total photos available on [listing page](https://www.propertysimple.com/listing/157-w-3rd-street-winona-mn-55987-7046317)*

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**MLS#:** 7046317 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/157-w-3rd-street-winona-mn-55987-7046317)

---

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